Budget 2025 live: Rachel Reeves faces day of reckoning as she unveils billions in tax rises
Chancellor to unveil series of tax hikes to fill black hole in public finances in highly anticipated Budget on Wednesday

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Chancellor to unveil series of tax hikes to fill black hole in public finances in highly anticipated Budget on Wednesday

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Wes Streeting addressed the House of Commons on Tuesday

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Chancellor expected to pull the lever on tax hikes in Wednesday’s Budget

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Sir Keir and his chancellor Rachel Reeves are facing a make-or-break Budget this week, with the chancellor expected to increase taxes to plug the gaps in the public finances

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The prime minister had been under pressure to intervene over the row between the White House and the BBC

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With hours to go until one of the most anticipated Treasury statements in modern history, Rachel Reeves has been given disastrous warning on the economy’s outlook

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The tax will reportedly apply to homes worth more than £2m and could raise up to £450m for the Treasury

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